Serbia - General government final consumption expenditure (current LCU)

The value for General government final consumption expenditure (current LCU) in Serbia was 962,221,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 962,221,000,000 in 2020 and a minimum value of 10,948,700,000 in 1995.

Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 10,948,700,000
1996 21,384,600,000
1997 32,204,800,000
1998 38,823,900,000
1999 42,786,000,000
2000 84,006,800,000
2001 186,512,000,000
2002 265,131,000,000
2003 313,133,000,000
2004 345,434,000,000
2005 360,362,000,000
2006 444,701,000,000
2007 523,267,000,000
2008 585,332,000,000
2009 595,590,000,000
2010 622,121,000,000
2011 684,218,000,000
2012 722,932,000,000
2013 737,623,000,000
2014 751,123,000,000
2015 708,160,000,000
2016 724,405,000,000
2017 768,399,000,000
2018 839,044,000,000
2019 901,124,000,000
2020 962,221,000,000

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts